After acquiring Twitter for $44 billion, billionaire Elon Musk warned the company’s employees of the risk of “bankruptcy” if he was unable to achieve more outstanding financial returns for the company, according to American media.
The CEO of the platform also issued stern warnings in his letter to employees that they are ready for an 80-hour work system every two weeks, and reduce the benefits that were granted during the pandemic period.
It is noteworthy that this warning came after Musk’s turbulent start as soon as he headed the company, as during the first two weeks he laid off half the number of employees, stopped remote work for the employees who had been retained, and imposed a monthly fee of $8 to obtain the blue badge.